I have a few friends who graduated from NICMAR Pune. Here is a brief breakdown of the cost of studying at NIMAR based on the information I got from my friends. 

• Tuition Fee: For 2 years of PG course the tuition fee will be around 10.59 lakhs.
• Hostel Fee: Hostel accommodation will cost around 10,000. You will have to stay in the hostel for 18 months so the total cost for hostel accommodation will be around 1.80 lakhs.
• Other Expenses: You will need around 5,000 per month for your other expenses. This will sum up to 1.05 lakhs over 2 years. 
• Travel Expenses: If you are not from Maharashtra, you will go home and back 4-5 times a year. It will cost around 1 lakh over two years. 

This should give you an estimate of the costs.